Bitcoin price: Can it rise to $1 million in 2 years? Shortage on exchanges, halving and spot ETFs as bull factors. Try our premium membership now for just €1/day and stay up-to-date in the crypto market!
According to a report by cryptoticker.io, the Bitcoin price could rise massively in the next 2 years as both the Bitcoin Halving and the Bitcoin Spot ETFs are expected in the first few months of next year. However, the increasing scarcity of Bitcoins on the exchanges could become dramatic and lead to a stronger increase in the Bitcoin price than expected. The trend of distributing Bitcoins on crypto exchanges shows that fewer and fewer BTC are being left there. More and more BTC are going into self-custody, meaning they are not liquid and cannot be easily acquired by other parties. …

Bitcoin price: Can it rise to $1 million in 2 years? Shortage on exchanges, halving and spot ETFs as bull factors. Try our premium membership now for just €1/day and stay up-to-date in the crypto market!
According to a report by cryptoticker.io, the Bitcoin price could rise massively in the next 2 years as both the Bitcoin Halving and the Bitcoin Spot ETFs are expected in the first few months of next year. However, the increasing scarcity of Bitcoins on the exchanges could become dramatic and lead to a stronger increase in the Bitcoin price than expected.
The trend of distributing Bitcoins on crypto exchanges shows that fewer and fewer BTC are being left there. More and more BTC are going into self-custody, meaning they are not liquid and cannot be easily acquired by other parties. This trend is new and has only existed since this cycle. The reason for this could be that more and more BTC holders are betting that the Bitcoin price will rise for years and decades and are no longer interested in selling.
The effects of this trend could be dramatic, as with extremely high demand from new, financially strong investors and an extremely low supply due to little liquid BTC, the Bitcoin price could rise extremely. Demand could increase massively as a result of the Bitcoin Spot ETFs, while supply will become further limited as a result of the halving. The combination of low, liquid supply and potentially skyrocketing demand from extremely liquid buyers is unprecedented and could lead to a rise in the Bitcoin price to $500,000 or even $1 million.
In an optimistic scenario, financial experts believe a Bitcoin price of $500,000 is quite possible, while $1 million is less likely, but not impossible. The future cannot be predicted, but bullish factors such as spot ETFs and the scarce liquid supply on exchanges suggest a possible increase in the Bitcoin price.
Source: https://cryptoticker.io/de/bitcoin-kursprognose-1-million-in-2-jahre/
Read the source article at cryptoticker.io